NoCo Newsletter | September 6, 2024
Discover our newest listings, recent happenings in the NoCo CRE community & other industry news. This edition brings recent real estate news plus economic updates, including, the Property Tax Bill signed, voters will be asked to approve new taxes in November, Americans are feeling a bit better about the economy, and more.
REAL ESTATE & BUSINESS NEWS
- Fort Collins’ Harmony Commons Retail Center Sells for $14M
- “A small collection of retail shops in southeast Fort Collins called Harmony Commons has changed hands for $14 million, according to a news release from Waypoint Real Estate LLC.” (BizWest)
- CooperSmiths Pub & Brewing in Fort Collins has New Local Ownership
- “Homebrewing enthusiast Brandon Shaw, a longtime resident of Northern Colorado, has taken over ownership of CooperSmith’s Pub & Brewing, Fort Collins’ first official brewpub.” (BizWest)
- What is Fort Collin’s Median Home Price? Here’s a Chart that Tracks it Over Time, by City
- “It’s painfully clear to homebuyers that housing prices in Fort Collins have been aggressively climbing for years.” (The Coloradoan)
- Opening Nears for 4th Northern Colorado Chick-Fil-A
- “Why did Chick-fil-A plan a new Loveland location on Crossroads Boulevard? To get to the other side of Interstate 25. The fast food chicken chain’s latest Northern Colorado restaurant is set to open Sept. 5 at 4345 St. Cloud Drive — off of Crossroads Boulevard near Interstate 25 in Loveland.” (Denver Post)
ECONOMIC & EMPLOYMENT NEWS
- Americans’ Economic Mood Brightens – a Bit
- “New data shows a small—but real—uptick in sentiment; it comes as mortgage rates, gas prices are down while inflation continues to cool.” (The Wall Street Journal)
- Larimer OK’s Asking Voters to OK Tax Hike for Roads
- “Larimer County commissioners voted unanimously Tuesday morning to ask voters in November to approve a 15-year, 0.15% sales and use tax increase, which if approved would generate an estimated $15 million annually to fund various transportation projects across the county.” (BizWest)
- Governor Polis Signs Property Tax Compromise Bill After Conservative Group Pulls Ballot Initiatives
- “Colorado’s grand bargain on property taxes concluded Wednesday as Gov. Jared Polis signed a bill that further cuts commercial and residential rates, while a conservative group withdrew two contentious initiatives from the November ballot.” (The Denver Post)
- Poudre School District to Ask Voters to Approve Debt-Free Mill Levy in November
- “Poudre School District will be asking voters this November for as much as $49 million through a debt-free mill levy to address a variety of funding needs.” (Coloradoan)
COMMUNITY & OTHER INDUSTRY NEWS
- Client Testimonials
- Old Town Square No. 4 in USA TODAY 10 Best Readers’ Choice Awards Best Public Squares List
- Most Peaceful Place to Live? Fort Collins Tops the List With Outdoor Recreation, Low Noise
- Here Are 15 Road Projects at the Top of Fort Collins’ List for the Next 10 Years.
- Fort Collins Area Chamber of Commerce: Northern Colorado Economic Overview
- Northern Colorado Boasts Nine of Top 20 Fastest-Growing Communities in State
- 2 Colorado Cities in Top 4 ‘Best Places to Live Rankings
- Denver International Airport Ranked No. 6 in Passenger Traffic Worldwide
- Support Your Local Bold Voice of Business by Contributing to the 13th Annual Moving Fort Collins Forward! Campaign
FEATURED LISTING
NAI Affinity is pleased to present available sites within The Ridge Johnstown (The Ridge, West Ridge, North Ridge, South Ridge, and Blue Spruce Ridge), a new master-planned community in Johnstown, Colorado. The Ridge Johnstown is an over 440-acre master-planned, mixed-use development with immediate access to I-25 via the Highway 402 interchange. Ideally situated in the heart of northern Colorado, and now under construction. The adjacency to, and visibility from I-25 make it one of the most
prominent master planned communities in the region, providing excellent visibility to more than 86,000*
vehicles a day
Click here to learn more about this opportunity.
See previous newsletters here.
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